Narrow search
Showing 1 - 4 of 4
Cover Image
Can degrowth overcome the leakage problem of unilateral climate policy?
Larch, Mario; Löning, Markus; Wanner, Joschka - 2017
increases in other countries. Different than most typically discussed climate policies, degrowth not only aims at reducing the … implications. We conduct the first investigation of degrowth in a multi-country setting in order to (i) compare the leakage effects … of national pure emission reduction policies to degrowth scenarios, (ii) identify underlying channels by decomposing the …
Persistent link: https://www.econbiz.de/10011718521
Cover Image
Optimal trend inflation
Adam, Klaus; Weber, Henning - 2018
Sticky price models featuring heterogeneous firms and systematic firm-level productivity trends deliver radically different predictions for the optimal inflation rate than their popular homogenous-firm counterparts: (1) the optimal steady-state inflation rate generically differs from zero and...
Persistent link: https://www.econbiz.de/10011845313
Cover Image
A Unified framework for using micro-data to compare dynamic wage and price setting models
Dixon, Huw - 2010
This paper develops a statistical framework of steady-state identities which enable us to match the distributions of durations found in the micro-data to generalized Taylor and Calvo models of time-dependent pricing. We illustrate the approach with the UK micro CPI data for 2006-2009, and employ...
Persistent link: https://www.econbiz.de/10003977346
Cover Image
Preference bias and outsourcing to market : a steady-state analysis
Wang, Ping (contributor); Riezman, Raymond Glenn (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641680